Northern Illinois Painting And Drywall Institute

Organization Overview

Northern Illinois Painting And Drywall Institute is located in Aurora, IL. The organization was established in 1981. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Northern Illinois Painting And Drywall Institute employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Illinois Painting And Drywall Institute is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2022, Northern Illinois Painting And Drywall Institute generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $928.8k during the year ending 12/2022. While expenses have increased by 1.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS AN INDUSTRY ADVANCEMENT FUND DEDICATED TO PROMOTING THE UNION PAINTING AND DRYWALL TAPING INDUSTRY IN NORTHERN AND CENTRAL ILLINOIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

UTILIZED SEMINARS, MEETINGS, AND WEBSITE CONTENT TO INFORM THE SUPPORTING MEMBER CONTRACTORS REGARDING INDUSTRY TECHNICAL ISSUES AND GENERAL BUSINESS MATTERS.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Palmer
Executive Director
$153,095
William Nielsen
Trustee
$0
Kurt Hand
Trustee
$0
Ken Ober
Chairman
$0
Jason Larsen
Trustee
$0
Roy Dennis
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,002,829
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,002,829
Total Program Service Revenue$0
Investment income $28,505
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $25,032
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,056,366

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